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Yoshi Wins posted:number always go up partly because index funds are the only way to try to be able to afford to retire one day? theoretically there should also be retirees selling off their assets at the same time the most important feature of the move from pensions to people having to fund their own retirements from index funds is that now the financial companies get to skim off roughly a zillion billion dollars in fees every year from everyone. i love paying 1% of my savings to financial companies every year, this is so much better than taxes
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May 16, 2019 19:43
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number goes up while the economy collapses because rich people use their money to buy numbers instead of goods and services
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May 16, 2019 19:46
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ShutteredIn posted:NUMBER Looks like Geoff Bozos.
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May 16, 2019 19:51
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zegermans posted:btw the plane was specifically sold as being ready to fly without retraining, which is why they included the suicide software because the plane actually handled quite differently from other 737s Maybe this is nitpicking but it wasn't just sold that way. It was designed that way. One of the top line requirements was to certify under the 737 type certificate and minimize the amount of required retraining. This was so they could better compete with Airbus. Boeing and the FAA were complicit from the start in getting this plane on the market regardless of the dangers. MCAS was only a token effort to make it seem they were doing something to mitigate the danger.
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May 16, 2019 20:00
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ratbert90 posted:Real talk: What do people in this thread use for trading? Robinhood is a loving joke iirc, so what are the best people to use to make number go up? lol at reading this thread and then asking this question. also if you have to ask you absolutely should not be trading
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May 16, 2019 20:02
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Shear Modulus posted:number goes up while the economy collapses because rich people use their money to buy numbers instead of goods and services I had an epiphany recently that seriously tempered my lust for number death. The entire financial system is one big circulating dragon horde where wealth never leaves once it enters. Money may leave the Dow Jones temporarily because president good brains tweeted something dumb, but it just migrates to some other investment instrument temporarily to wait until another promise of trade deal just around the corner. I mean what else are they going to do with all that cash? Invest it into new operations, build something or trickle it down into the work force? 
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May 16, 2019 20:06
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i got drinks with my wall st. banker friend a few days ago and he was hmboling over how god damned stupid the entire economy is right now
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May 16, 2019 20:10
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Kung Food posted:I had an epiphany recently that seriously tempered my lust for number death. The entire financial system is one big circulating dragon horde where wealth never leaves once it enters. Money may leave the Dow Jones temporarily because president good brains tweeted something dumb, but it just migrates to some other investment instrument temporarily to wait until another promise of trade deal just around the corner. I mean what else are they going to do with all that cash? Invest it into new operations, build something or trickle it down into the work force? the financial sector is a parasitic drain on the real economy
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May 16, 2019 20:20
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https://www.youtube.com/watch?v=kgv7U3GYlDY
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May 16, 2019 20:27
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Shear Modulus posted:the financial sector is a parasitic drain on the real economy It's a symptom, it's not a cause
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May 16, 2019 20:28
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pigz posted:Maybe this is nitpicking but it wasn't just sold that way. It was designed that way. One of the top line requirements was to certify under the 737 type certificate and minimize the amount of required retraining. This was so they could better compete with Airbus. According to my deep knowledge*, the A320neo flew the same as the A320 because they could keep the new engines in the same spot, while the 737 MAX required the engines to be moved up so high they almost eclipse the wing, on account of the 737's original design having very low wings. Thus is was more prone to pushing the nose up and they put in the suicide software to compensate, so they could claim retraining wasn't needed - which the FAA rubberstamped *a 10 minute youtube and MPB yelling at me
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May 16, 2019 20:30
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Rex-Goliath posted:lol at reading this thread and then asking this question. also if you have to ask you absolutely should not be trading "If you have to learn, you shouldn't be doing thing" is an extremely spicy take.
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May 16, 2019 20:31
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ratbert90 posted:"If you have to learn, you shouldn't be doing thing" is an extremely spicy take. when that thing is gambling, not really
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May 16, 2019 20:34
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zegermans posted:According to my deep knowledge*, the A320neo flew the same as the A320 because they could keep the new engines in the same spot, while the 737 MAX required the engines to be moved up so high they almost eclipse the wing, on account of the 737's original design having very low wings. Thus is was more prone to pushing the nose up and they put in the suicide software to compensate, so they could claim retraining wasn't needed - which the FAA rubberstamped they also did that so they didn’t have to make longer landing gear.
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May 16, 2019 20:36
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i wasn’t joking about it being engineered by the chicago school of economics
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May 16, 2019 20:41
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ScrubLeague posted:i'm definitely a third round draft pick for the guillotine, i make too much money and work too much as an investment cop. i'm not rich and i don't have a source of passive income, but i'm also planning to fly first class to kentucky to see a live street fight/trillbillies show. I'd trade up for u buddy
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May 16, 2019 20:42
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H.P. Hovercraft posted:when that thing is gambling, not really unless it's poker    
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May 16, 2019 20:43
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the stock market is a bunch of voodoo bullshit controlled by the ultra rich + robots. you don't really need to learn poo poo. doesn't matter if you've read all the textbooks and know all the fancy ways to leverage yourself into oblivion on some sort of arcane trade, it's still just gambling. buy etfs
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May 16, 2019 20:45
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punished milkman posted:the stock market is a bunch of voodoo bullshit controlled by the ultra rich + robots. you don't really need to learn poo poo. doesn't matter if you've read all the textbooks and know all the fancy ways to leverage yourself into oblivion on some sort of arcane trade, it's still just gambling. buy etfs the way to win stocks has always been 50/50 S&P ETF/Bond ETF split and then never look at it until you're 65. Anything that costs over 1% in fees should be ignored, including most mutual funds. You're looking for 0.5 or under everything else is dumbass speculation that props up the market that supports the people who make it to 65 lol the whole thing is a sham
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May 16, 2019 20:47
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Ignore this dork, buy penny stocks on margin.
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May 16, 2019 20:50
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Powershift posted:Ignore this dork, buy penny stocks on margin. SHUT UP YOULL RUIN THE CON
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May 16, 2019 20:54
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The correct way to play the stock market has always been “use other people’s money and take a cut of each transaction”
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May 16, 2019 20:54
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destroy wall street, the 9/11 hijackers are anti-capitalist martyrs , etc
DONT THREAD ON ME fucked around with this message at 20:59 on May 16, 2019 |
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May 16, 2019 20:56
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Phone posted:i wasn’t joking about it being engineered by the chicago school of economics the flight profiles do tend to follow the Laffer curve, I'll give you that.
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May 16, 2019 21:11
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DONT THREAD ON ME posted:destroy wall street, the 9/11 hijackers are anti-capitalist martyrs , etc this was p much my science teacher's take on the fuckin' day of lol
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May 16, 2019 21:13
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ScrubLeague posted:government mandated low prices 
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May 16, 2019 21:16
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readingatwork posted:The correct way to play the stock market has always been “use other people’s money and take a cut of each transaction”
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May 16, 2019 21:24
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california's transit housing bill sb50 was smothered in committee today - it's officially off the table until january 2020 this was the bill that would've basically eliminated single-family residential zoning statewide. i guess the housing crisis is just too profitable https://twitter.com/BelmontRenters/status/1128707516014186497
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May 16, 2019 21:30
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Buy penny stock Post elaborate theory for Qanon people that that company is key to Donald Trump convicted all the pedophiles or whatever I don't even think this would be illegal
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May 16, 2019 21:59
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PostNouveau posted:Buy penny stock isn't that just a pump and dump? like, if you only do it once/twice, you should be able to get away with it, but still it is illegal
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May 16, 2019 22:00
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TeenageArchipelago posted:isn't that just a pump and dump? like, if you only do it once/twice, you should be able to get away with it, but still it is illegal You have to prove that's what it was for that to matter
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May 16, 2019 22:02
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Not a Children posted:You have to prove that's what it was for that to matter true. do it OP, I believe in you. plus q people have too much money and fixing that is a good thing
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May 16, 2019 22:05
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I'm glad you guys believe in me. Now in order to leverage this scheme properly, I'm going to need some seed money. I'm offering 50% guaranteed monthly returns on my Silver Level Q Scammer package and 75% on my Gold Premium Chud Grifter package. You don't want to miss out here. I can only take on a few investors.
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May 16, 2019 22:10
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trust your gut, buy stock in PredictIt and watch your candidate of choice soar!
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May 16, 2019 22:18
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invest in Iraqi dinars for retirement
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May 16, 2019 23:15
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May 16, 2019 23:17
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Low prices, that's one of those things that will haunt me for the rest of my life lol
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May 16, 2019 23:23
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Kung Food posted:I had an epiphany recently that seriously tempered my lust for number death. The entire financial system is one big circulating dragon horde where wealth never leaves once it enters. Money may leave the Dow Jones temporarily because president good brains tweeted something dumb, but it just migrates to some other investment instrument temporarily to wait until another promise of trade deal just around the corner. I mean what else are they going to do with all that cash? Invest it into new operations, build something or trickle it down into the work force?
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May 16, 2019 23:23
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H.P. Hovercraft posted:california's transit housing bill sb50 was smothered in committee today - it's officially off the table until january 2020 Rule #1 in US amerikkka is that rich people can, under no circumstances, ever lose any money.
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May 16, 2019 23:26
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idk, sometimes rich people lose money to other rich people bc they didn’t jostle for power properly
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May 17, 2019 00:13
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